DSM Pension Services Chooses SimCorp Dimension

DSM Pension Services, the pension fund company that is part of the major international speciality chemical group, DSM, has chosen SimCorp Dimension for its portfolio and treasury management operations. Based in the Netherlands, DSM Pension Services will use the system to manage its 3.5 billion EUR funds for the collective pensions of the DSM-group, a world leader in life science products, performance materials and industrial chemicals.

In selecting SimCorp Dimension, DSM Pension Services made a careful study of the market. It first looked at what peer companies were using and then analysed six systems in depth. It found that SimCorp Dimension was the only system to meet its needs, "SimCorp Dimension was the only system that provided a totally integrated solution and support all our requirements without any modifications," explains Dirk Brand, controller for DSM Pension Services.

SimCorp Dimension is able to provide these enhancements because it is a truly integrated system supporting the whole investment management process (front, middle and back office) from a single database: "No more re-keying of data and much improved interface links with custodians and information providers," Brand points out.

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